PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. Comerica Bank and TriplePoint Capital were also named, and there were more investors that were not named. High-end fashion has been a bountiful market for the eCommerce industry.

Online 134

Online Trends Capital Branding 134

PYMNTS

AUGUST 14, 2019

As PayPal reaches saturation points in Western markets, it wants to continue to expand internationally, especially in India, where the country’s 450 million mobile users make it an attractive target for retailers. PayPal considers the country critical to its growth. PayPal faces some challenges though. .

Mobile 181

Mobile Capital Regional Google 181

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. At the same time, GMS growth accelerated to 20.8 percent from 19.3

Retail 131

Retail Payments Apple Online 131

PYMNTS

APRIL 22, 2020

million from a venture capital firm to fund the business. In 2017, the company sold 1,500 desks in 42 days across 41 countries, and presented the product at the Cannes Festival of Creativity in June 2017. He had a prototype made, and in 2016 he was offered $3.6 Life had other plans for Rosenberg.

Capital 163

Capital Marketing Michigan Company 163

PYMNTS

AUGUST 11, 2016

Back-to-school shopping has started earlier than usual this year, and retailers have Amazon to thank. According to a report, shoppers took advantage of Amazon’s Prime Day to stock up on back-to-school supplies, which is leaving retailers playing catch-up if they want to cash in on what is a lucrative time of year for them.

Retail 100

Retail Online Trends Examples 100

PYMNTS

AUGUST 13, 2020

The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. Merchants pay $3.13 the prior year, by its measures.

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

SEPTEMBER 29, 2020

In today’s top payments news around the world, digital Filipino payments platform PayMongo has come off a funding round with $12 million, while ALDI is taking another big step in the world of online shopping. ALDI To Test Online Grocery Ordering At UK Stores. Plus, a London judge has reinstated Uber Technologies Inc.’s

Payments 189

Payments Regulation Capital Online 189

PYMNTS

JANUARY 3, 2019

million) in the 2017-18 financial year, up from 114 crore ($16.3 million) in the 2016-2017 financial year. The company works with 5,000 car dealers in India and has direct retail deals with eight car and motorbike makers. CarDekho says it has 39 million monthly unique visitors and boasts six million downloads of its apps.

Online 139

Online US Report Retail 139

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. across credit cards, online savings and loans,” said Rodrigues.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Online sales had their biggest jump in Q2 year over year for two years. percent in June, according to Internet Retailer. 6–9% | The expected growth rate for non-store sales by 2017.

Retail 100

Retail US Data National 100

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

PYMNTS

AUGUST 14, 2020

The Canadian firm said it has a total of $77 billion in securities, cash and other available capital available when including uncalled capital commitments from clients, Bloomberg reported. Separately, Brookfield is going to spend $5 billion in an effort to get the retail mall industry back on track following COVID-19 per news in May.

Management 131

Management United States Capital Retail 131

PYMNTS

APRIL 24, 2019

The RealReal , an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares that could put its valuation at $1.06 Earlier this year, it was reported that the online retailer was considering an initial public offering (IPO) for later this year.

San Francisco 139

San Francisco Delaware Capital Retail 139

CB Insights

JANUARY 24, 2018

With household retail names like Radio Shack and Toy “R” Us seeing a spate of bankruptcies and closures over the past few years, it seems the long-predicted “retail apocalypse” has arrived. Alibaba, meanwhile, has publicly announced a strategy to combine online and offline commerce, dubbed “new retail.”

Retail 65

Retail Online US Technology 65

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

San Francisco 245

San Francisco Metro Online Capital 245

PYMNTS

JANUARY 2, 2017

Every Monday, this column space is dedicated to the musings of Karen Webster and her take on all things payments, commerce and retail. Today, we thought we’d set the table for 2017 by reprising seven of the, ahem, more controversial topics of conversation. It’s as if the retail world is really coming down to Walmart versus Amazon.

Millennials 119

Millennials Apple Retail Mobile 119

PYMNTS

JANUARY 24, 2018

In response to potential competition from Amazon, French retailer Carrefour will invest in eCommerce, seek a partnership with Tencent and put a plan in place to trim its workforce, Reuters reported Tuesday (Jan. As the company seeks to bring its digital business up to speed, Bompard plans to invest 2.8 billion euros ($3.4

Retail 123

Retail Online Operations Capital 123

PYMNTS

MAY 11, 2017

One of the industries that is likely the most difficult to vet for employees is retail. Penneys and more, brick-and-mortar locations are being reduced to help offset the consumers drawn to more online shopping. AllWork ‘s sole purpose is to help locate, vet, manage and pay workers on the retail floor.

Retail 101

Retail Branding Software Industry 101

PYMNTS

MARCH 8, 2019

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. For buy-online-pick-up-in-store, Galanti said Costco has expanded its selection within categories such as handbags, electronics and jewelry.

Online 130

Online Nebraska New Jersey Miami 130

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

PYMNTS

DECEMBER 4, 2019

The brand will only sell its “Glossier You” fragrance, which has become one of the top-rated products on Glossier.com since rolling out in October 2017, CNBC reported. Nordstrom has had an industry reputation for being a much-desired partner for up-and-coming online brands that are seeking to grow.

Los Angeles 131

Los Angeles New York Miami Austin 131

PYMNTS

JANUARY 23, 2019

Truebil , an online marketplace to buy and sell second-hand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. million, with $3 million received in a follow-on Series A round from Shunwei in February 2017. With this latest round, Truebil has currently raised a total of $22.5

San Francisco 122

San Francisco Capital Online Retail 122

PYMNTS

JANUARY 3, 2019

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. This is something about which retailers remain undereducated, and has allowed fraudsters to capitalize on relatively low FDP spend,” explained research author Steffen Sorrell in a press release.

Fraud 152

Fraud Study Retail Online 152

PYMNTS

JULY 16, 2019

SMZDM, which stands for “what’s worth buying” in Chinese, is an online shopping guide that many people outside of China are not aware of, according to reports. million yuan in 2017. The company has raised funds from China Growth Capital – one institutional investor – as of its founding nine years ago. SMZDM had net income of 19.35

United States 100

United States Retail Capital Maine 100

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

SEPTEMBER 22, 2020

The biggest investor in Dallas-based GameStop has reportedly set his sights on a lofty goal — having the video-game retailer take on the Goliath of eCommerce, Amazon , in an epic battle. By 2016, Chewy had sales of $900 million and had raised millions in venture capital backing.

Video 212

Video Dallas Retail Capital 212

PYMNTS

DECEMBER 27, 2018

Some 55 percent said they use both online and offline channels to buy their groceries. Roughly 3 percent of these consumers said they buy their groceries online and pick them up at the store, and 8 percent order their groceries online and have them shipped home. cities, starting with offering curbside pickup of grocery items.

Retail 123

Retail Online Cards United States 123

PYMNTS

DECEMBER 13, 2019

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. There were fewer discounts on toys for online shoppers, despite an average of 15-18 percent price cuts into Cyber Monday. In 2017, price discounts were about 19 percent.

New York 131

New York Retail Online National 131

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

Innovation 257

Innovation blockchain Fintech Industry 257

CB Insights

OCTOBER 16, 2018

Instacart just raised a $600M Series F round of funding from D1 Capital Partners, valuing the startup at $7.6B. The new round underscores Instacart’s growing popularity among grocery retailers. Last month, discount grocer Aldi announced it would expand its online delivery partnership with Instacart nationwide by Thanksgiving.

Retail 53

Retail America Strategy Capital 53

PYMNTS

FEBRUARY 16, 2018

She told investors during the earnings call that Pepsi’s investment in “eCommerce across multiple channels, from e-grocery, to direct to consumer, to pure play, helped drive exceptional growth in 2017.”. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

SEPTEMBER 8, 2016

Starting today and running through the end of 2017, travel-loving Capital One customers with either the Capital One Venture Card or the VentureOne Card will have a new perk to play with. But discounts aren’t the whole of the model, since even Shank noted that there are other ways to save when booking online.

Capital 100

Capital Cards US Customer Experience 100

PYMNTS

FEBRUARY 22, 2017

percent in comp sales growth through 2017. Turning to 2017, overall GDP growth and strength in the U.S. Home Depot reported that its online business grew over 19 percent last year, said Fortune. Online sales now represent 5.9 percent of the retailer’s total sales. are picked up in-store.

Online 122

Online Retail Customer Experience Report 122

PYMNTS

MAY 12, 2017

May flowers did not appear for retail earnings, unless you consider a bouquet of stinkweed a blanket of blossoms. Of the 21 enforcement actions undertaken by the agency thus far in 2017, a full third have been challenged by those firms impacted by such regulations. Macy’s says that comparable sales in 2017 will fall 2 to 3 percent.

Retail 108

Retail Mobile Baltimore Management 108

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220